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This lot is closed for bidding. Bidding ended on 12/10/2017

Arnold Rothstein was the kingpin of organized crime in New York City during the early portion of the 20th century. A shrewd businessman and a prodigious gambler, Rothstein amassed a monumental fortune from his interests, which included a casino, a horse racing outfit, and bootlegging liquor during Prohibition. Rothstein’s criminal empire included many underlings who would later make their own mark on organized crime in the United States, including Lucky Luciano, Meyer Lansky, and Legs Diamond. Allegedly, Rothstein was also involved in fixing the infamous 1919 World Series, although he was never indicted or charged with any crimes. In 1928, Rothstein was murdered in retaliation for racking up a large gambling debt in a three-day poker game, which he refused to pay as he believed the game was fixed.

This item is a stock agreement between Rothstein and A.L. Libman, his business partner in the insurance company A.L. Libman, Inc. In this document, Libman is agreeing to transfer his 50% of the company to Rothstein, with Rothstein employing Libman in another business as compensation. This stock agreement has been signed on the 10th page by Rothstein and Libman in black pen. It is dated to July 27th, 1922. On the front of this agreement, “Rothstein’s Copy” is written in gray pencil. This item comes with a LOA from Steve Grad of Beckett Authentication. 

1922 Arnold Rothstein and A.L Libman Dual Signed Stock Agreement (Beckett)
Bidding
Current Bidding (Reserve Has Been Met)
Minimum Bid: $1,500.00
Final prices include buyers premium.: $4,296.25
Number Bids: 1
Auction closed on Sunday, December 10, 2017.
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